ADVISORY CASE STUDY – 

GLOBAL LOGISTIC PROPERTIES (GLP)

M3 helped GLP and its predecessor business become a global, market leading logistics fund manager via diverse private equity strategies.

M3 has provided support through a combination of:
  • Strategic acquisitions
  • Development and execution of JV equity strategies / programs
  • Development and execution of funds management strategy
  • Supporting access to leading institutional investors globally

$50BN+

TOTAL CAPITALIZATION OF ADVISORY TRANSACTIONS WITH GLP MANAGEMENT

$26BN

TOTAL THIRD PARTY EQUITY RAISED

50+

DISTINCT INVESTORS

25+

YEARS OF ADVISING GLP MANAGEMENT

GLP Advisory Timeline

1993
  • Private “build-up” phase, with $357M across 2 private placements, complemented by frequent access to public markets
1994 – 2008
  • $16.8BN of AUM in 10 M3 – advised funds
  • $8.1BN in third party equity raised
  • Helped expand business from North America to Europe and Asia
September 2011

GLP Japan Development Venture 1

  • 50:50 JV between GLP and pension fund
  • Expanded in Feb 13 and Oct 14
  • $2.8BN AUM
  • $1.1BN total equity commitments
December 2011

GLP Japan Income Partners I 

  •  Fund held by GLP, a sovereign wealth fund and a global real estate investment manager
  • $1.1BN AUM
  • $0.4BN total equity commitments
November 2013

GLP China Logistics Fund I

  • Fund held by GLP alongside six leading global institutions from Asia, Europe and North America
  • $3.0BN AUM
  • $1.5BN total equity commitments
February 2015

GLP US Income Partners I

  • Fund held by GLP alongside a pension fund, a sovereign wealth fund, and two leading global institutional investors from Asia
  • $8.2BN AUM
  • $3.2BN total equity commitments
July 2015

GLP China Logistics Fund II

  • Fund held by GLP alongside various investment partners, with a similar mandate to China Logistics Fund I
  • $7.0BN AUM
  • $3.7BN total equity commitments
November 2015

GLP US Income Partners II

  • Fund held by GLP alongside an Asian insurance company and various other investment partners
  • $4.7BN AUM
  • $2.0BN total equity commitments
February 2016

GLP Japan Development Venture II

  • Follow-on venture to GLP JDV I, another 50:50 JV between GLP and pension fund
  • $2.1BN AUM
  • $0.9BN total equity commitments
December 2016

GLP US Income Partners III

  • Fund held by GLP alongside six leading global institutions from Asia, US and Middle East
  • Includes $1.1BN acquisition of Hillwood portfolio
  • $1.5BN AUM
  • $0.6BN total equity commitments
December 2017

GLP China Acquisition Venture

  • GLP’s first onshore RMB Fund, and the largest RMB fund focusing on logistics in China, to acquire, upgrade and manage modern logistics properties in China
  • $3.2BN AUM
  • $1.5BN total equity commitments
December 2017

GLP Europe Income Partners I and Europe Development Partners I

  • Two funds capitalizing GLP’s $2.8BN acquisition of Gazeley’s European assets and development pipeline
November 2018

GLP Continental Europe Development Partners I

  • GLP’s third European fund, focused on developing modern logistics facilities in Continental Europe
  • To deploy $2.3BN of capital
Present